secwatch.observer — SEC 8-K summary
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Issuer:     EMAGIN CORP (—)
CIK:        0001046995
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001104659-23-109777
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Samsung Display completes acquisition of eMagin for $2.08/share, ~$218M
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- eMagin acquired by Samsung Display for $2.08 per share in all-cash transaction valued at ~$218M.
- Shares of eMagin common stock (EMAN) ceased trading on NYSE American; delisting application to be filed.
- eMagin will continue operating as a wholly owned subsidiary under its name at Hopewell Junction, NY.
- Board changes: all prior directors replaced by Seo Young Son and Yi Joon Ahn.
- Transaction bonuses approved: $361K for CEO Sculley, $250K for CFO Koch, $305K for Dr. Ghosh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046995/000110465923109777/0001104659-23-109777-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046995/000110465923109777/tm2328594d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-109777

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer